Two Tribeca properties sold for $57 million

European entity named as buyer
Published on Oct 8, 2007

In a package deal, the Usdan Family has sold two Tribeca properties in Manhattan, N.Y., for $57 million. A Burgos, Spain-based buyer, 71 Laight Street LLC, purchased the contiguous properties, 401 Washington St. and 422 Greenwich St. A six-story, 57,500-square-foot building occupies 401 Washington St. and a 10,000-square-foot parking garage sits on 422 Greenwich St. The properties had been in the Usdan family for decades and were most recently owned by Nathanial Usdan and his brother Martin in a tenant-in-common arrangement. ...

Comments